InterValue Project Weekly: 20180723-20180729

Part 1. Development Progress of InterValue.

1. Project progress

(1) We completed the development of anonymous communication capabilities.

(2) We completed the testing of local full node & light node, and fixed the bugs.

(3) We improved the consensus module functionality and fixed the bugs.

2. Whitepaper

(1) Some regular details have been modified.

3. Communities

(1) The member of InterValue English telegram groups increased to 53,840.

(2) The member of InterValue Chinese telegram groups increased to 34,827.

Part 2. Strategic Cooperation.

1. Negotiate with Fenbushi Capital, Ten8, and Rootscap for our cooperation intention.

Part 3. Media Activities.

1. VIETNAM BLOCKCHAIN DAY

On July 29, 2018, we were invited to participate in the summit by Bigcoinvietnam: "2018 VIETNAM BLOCKCHAIN DAY". InterValue CMO Europe Clement made a great speech at the meeting.

2. Technology media wrote the “InterValue: How does Barton Chao lead a group of PhDs to accelerate blockchain 4.0 processes?” report on the InterValue project, which is reprinted by many medias.

3. We announced that: InterValue will officially release INVE ERC20 Token at the end of July.

Part 4. The Historical Process of InterValue.

(1) In August 2017, Barton Chao envisioned the positioning, vision, and functionality of InterValue.

(2) September-October 2017, planning to form an InterValue team to refine all aspects of InterValue functionality.

(3) In November 2017, the InterValue core research and development team was formally formed and started writing white papers and making the development plans.

(4) In January 2018, the first draft of the InterValue Whitepaper in English and Chinese was completed and began the development work.

(5) February-March 2018, the InterValue Whitepaper in English and Chinese was completed from 1.0 iteration to 4.0.

(6) In April 2018, releasing the InterValue v1.0 Alpha chain.

(7) In May 2018, starting the development of the InterValue v2.0 Alpha chain.

(8) In June 2018, the InterValue v1.0 testnet wallet demo is online.

(9) In June 2018, the verification of the Hashnet consensus mechanism for the InterValue v2.0 testnet was completed.

(10) In June 2018, the InterValue v2.0 testnet had reached 1,000,000 TPS.